Keywords: Foreign Exchange Office
Morocco's trade deficit has expanded considerably in the first half of 2025, climbing to MAD 161.86 billion ($17.81 billion) compared to the same period last year, according to recent data from the Foreign Exchange Office. This increase of 18.4% is attributed to a faster rise in imports relative......
Morocco's aerospace industry is experiencing a remarkable ascent, with exports reaching $1.3 billion in the first half of 2024. This achievement positions the sector as the country's leading export performer. In an exclusive discussion with Asharq Business, Hamid El Andaloussi, president of......
Morocco's economic prowess shines brightly through its flourishing phosphate sector, propelling the nation's export figures to unprecedented heights. Recent data from the Foreign Exchange Office vividly illustrates the remarkable growth of this industry, with phosphate and its derivative products......
In 2023, remittances from Moroccan expatriates reached an all-time high of nearly 115.15 billion Moroccan dirhams ($11.5 billion), as reported by the country's Foreign Exchange Office. This figure marks a notable 4% increase compared to the previous year, underscoring the robust economic ties between......
Morocco's trade deficit witnessed a substantial reduction during the first 11 months of 2022, decreasing by 21.5 billion Moroccan dirhams (DH) compared to the same period last year, according to the country's Foreign Exchange Office. In the midst of global economic challenges, exports demonstrated......
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